| Primary address | 181 New Road, Parsippany |
| Zip code | 07054 |
| County | Morris |
| Municipality | Parsippany Tr Hls Township |
| Block | 770 |
| Lot | 3 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/06/2021 |
| Sale price | $4,325,500 |
| Arm's length | Register |
| Current property tax | $106,499 |
| Building class | Commercial (4A) |
| Acreage | 7.02 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
Assessed at $3,020,400, the tax amount paid for 181 New Road, Parsippany, NJ 07054 is $66,479.
When was 181 New Road, Parsippany, NJ 07054 last sold and what was the last sale price?181 New Road, Parsippany, NJ 07054 was last sold in 05/06/2021 for $4,325,500.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 09/05/2025 |
| Last updated | 05/09/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 2nd Floor | Office | $18/Sqft/Year | 2,364 | MRH Real Estate Services Centralized Leasing |
| 3rd Floor | Office | $18/Sqft/Year | 1,300 | MRH Real Estate Services Centralized Leasing |
| 2nd Floor | Office | $18/Sqft/Year | 2,428 | MRH Real Estate Services Centralized Leasing |
| 3rd Floor | Office | $18/Sqft/Year | 1,442 | MRH Real Estate Services Centralized Leasing |
| Listing type | For Lease |
|---|---|
| Listing date | 01/15/2026 |
| Last updated | 05/09/2026 |
| Lot size | 7.02 SF |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 2nd | Unassigned | $19.50/Sqft/Year | 2,364 | MRH Real Estate Services Centralized Leasing |
| 3rd | Unassigned | $19.50/Sqft/Year | 1,300 | MRH Real Estate Services Centralized Leasing |
| 3rd | Unassigned | $19.50/Sqft/Year | 1,442 | MRH Real Estate Services Centralized Leasing |
| 2nd | Office | $19.50/Sqft/Year | 2,428 | MRH Real Estate Services Centralized Leasing |
Create a free account to view the complete sales history for 181 New Road, Parsippany, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 181 New Road, Parsippany, NJ 07054. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $101,939 |
| Current property tax | $106,499 |
| Market value | $3,020,400 |
Here's the assessment & property tax history for 181 New Road, Parsippany, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $3,020,400 | $3,020,400 | 3.375 | $101,939 | +1.90% |
| 2023 | $3,020,400 | $3,020,400 | 3.312 | $100,036 | +2.51% |
| 2022 | $3,020,400 | $3,020,400 | 3.231 | $97,589 | +4.36% |
| 2021 | $3,020,400 | $3,020,400 | 3.096 | $93,512 | +2.18% |
| 2020 | $3,020,400 | $3,020,400 | 3.03 | $91,518 | +2.78% |
| Total population | 30,139 |
| Median age | 41 |
| Average household income | $138,520 |
| Family households | 64.9% |
| Occupied housing units | 12,134 |
| Owner occupied units | 49.9% |
| Average number of people per household | 2 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $580,900 |
| Median value for units without a mortgage | $541,800 |
Create a free account to unlock extended information for 181 New Road, Parsippany, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | 0.2, AE, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 181 New Road, Parsippany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 181 New Road, Parsippany.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 229 New Rd, Parsippany | 2,376 | 03/24/2014 | $1 |
| 57-85 New Rd, Boonton | 14,460 | 12/27/2012 | $10 |
| 915 Edwards Rd, Parsippany | 10,127 | 08/12/1999 | $210,000 |
| 939 Edwards Rd, Parsippany | 1,894 | 12/17/2021 | $4,500,000 |
| 963 Edwards Rd, Parsippany | 1,400 | 06/02/2006 | $150,000 |
| 199 New Rd, Parsippany | 1,558 | 06/30/2017 | $1 |
| 273 New Rd, Parsippany | 15,570 | 12/17/2010 | $2,700,000 |
| 1100 Edwards Rd, Parsippany | 33,408 | 07/16/2019 | $45,000 |
| 25 Route 46, Parsippany | 1,596 | 05/17/2010 | $1,000,000 |
| 1010 Edwards Rd, Parsippany | 03/29/1992 | $350,000 | |
| 283-295 New Rd, Parsippany | 39,113 | 09/05/2002 | $2,312,500 |
| 1029 Edwards Rd, Parsippany | 26,496 | 06/19/2013 | $1,300,000 |
| 1139 Edwards Rd, Parsippany | 34,681 | ||
| 887 Edwards Rd, Parsippany | 1,052 | 12/09/2008 | $1 |
| 239 New Rd, Parsippany | 20,025 | 02/09/2023 | $2,850,000 |
| 259 New Rd, Parsippany | 30,330 | 02/14/2020 | $4,600,000 |
| 4 New Rd, Parsippany | 11/15/1989 | $165,000 | |
| 889 Edwards Rd, Parsippany | 03/28/2017 | $100 | |
| 219 New Rd, Parsippany | 1,500 | 06/30/2017 | $1 |
| 343 New Rd, Parsippany | 27,671 | 01/11/2006 | $5,300,000 |